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Five Housing Trends in Fall 2011 By Polyana da Costa, Bankrate.com, Sept. 30, 2011 If you want to buy a home and you qualify for a mortgage, this is your time. With mortgage rates at historically low levels, falling home prices and plenty of distressed...
Home Prices Up in July in 17 Cities By Sarah Halzack, Washington Post, September 27, 2011 Home prices rose in 17 U.S. cities in July, according to the Case-Shiller Home Price Index, a closely watched measure of the health of the nation’s housing...
Federal Regulators Sue Big Banks Over Mortgages By Nelson D. Schwartz, New York Times, Sept. 2, 2011 A bruising legal fight pitting the country’s most powerful banks against the full force of the United States government began Friday, as federal...
RealtyTrac released its Midyear 2011 Metro Foreclosure Market Report last week, and it shows that 178 out of the 211 metro areas tracked in the report, or 84 percent, saw decreasing foreclosure activity in the first half of the year. That sounds like...
U.S. Mortgage Rates Fall to 8-Month Low By Ashwin Seshagiri, Bloomberg News, August 4, 2011 U.S. mortgage rates for 30-year loans plunged to the lowest level in more than eight months as the nation’s economic recovery showed signs of faltering....
How to Snag a Deal on a Foreclosure or Short Sale July 4, 2011, Reuters Opportunities to buy foreclosed — or soon-to-be foreclosed — luxury homes are on the rise. But watch out for the pitfalls that could sour what seems like a sweet deal...
Existing Home Sales Drop 3.8 Percent in May June 21, 2011, CNNMoney.com Sales of existing homes fell in May, as severe weather and high gas prices weighed on the shaky housing market. Home sales fell 3.8% to a seasonally adjusted annual rate of 4.81 million...
Is Now the Time for a Property Firesale? June 10, 2011, The Economist On June 9, 2011, my colleague (S.C. | HONG KONG) sent around an interesting piece of analysis from GaveKal capital, which read in part: “We were once told by a client that "when...
Maine High Court Overturns Foreclosure, Cites ‘Untrustworthy’ Paperwork May 24, 2011, Wall Street Journal The Maine Supreme Judicial Court overturned the foreclosure of a Maine homeowner after concluding that the supporting documentation filed...
Sales of New Homes in U.S. Rose in April May 24, 2011, Bloomberg Purchases of new houses rose in April to the highest level so far this year after plunging to a record low two months earlier. Sales climbed 7.3 percent to a 323,000 annual pace last month...
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